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Market Research Report

Global Almond Oil Market - 2020-2027

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Global Almond Oil Market - 2020-2027
Published: September 8, 2020 Content info:
Description

Market Overview:

Almonds are the rich source of oil and they are harvested from the Prunus Dulcis tree almond kernels. It is extracted using cold-pressed method and comes in two different kinds, i.e. sweet almond oil and bitter almond oil. It is a rich source of vitamin E, vitamin B, vitamin A, minerals, omega fatty acids and proteins that make almond oil an all-purpose carrier and essential oil used in food, cosmetics and pharmaceutical industry. Currently, its demand is increasing as a natural ingredient in hair care, skin care and other cosmetics products due to its varied health benefits and high nutritional value. Implementing stringent regulations, such as a ban on hazardous chemicals in cosmetics, coupled with encouraging initiatives to use organic and natural ingredients in formulations of personal care products, would offer new market players opportunities. The global almond oil market valued USD XX billion in 2019 and is estimated to reach USD XX billion by 2027, at a CAGR of XX%

Market Dynamics:

The growing demand for aromatherapy that involves usage of essential oils for a variety of health conditions and becoming popular among spa customers is a major driver for the growth of almond oil market. Furthermore, rising awareness regarding the harmful effects of chemicals used in cosmetics, such as phthalates and parabens, is expected to promote the use of almond oil as a natural functional ingredient in the formulation of personal care products. Almond oil is beneficial in the treatment of skin diseases such as eczema, pimples. Such oils are also beneficial for the treatment of kidney problems, diabetes, gastric ulcers, gastro enteritis and facial neuralgia. They are also considered to be a useful food remedy for anemia. In addition, changes in lifestyles and rise in disposable incomes are the other factors, which supplement the growth of the almond oil market growth.

However, production of almond oil is season dependent farming, so raw materials are hard to produce, and so the demand for almonds are high, and the cost follows demand. This results in a high initial investment in the almond oil market, thus hindering the market growth.

Market Segmentation:

The global almond oil market is segmented by type into sweet almond oil and bitter almond oil. Sweet almond oil is by far the largest segment holding about XX% of the global market, owing to the fact that sweet almond oil can be used in cosmetic products, due to its moisturizing properties, and is gentle on delicate skin. Whereas, bitter almond oil is toxic, and its applications are limited to the medical field to treat bacterial and fungal infections.

By geography, Asia Pacific is the largest market for almond oil with a share of nearly XX% in global sales value in 2019. The primary factor behind this region's dominance is that key manufactures in this region are focusing on various strategies such as product launches, product innovations and others. For instance, in April 2019, India-based Bajaj Corp Ltd launched a new cooling oil in the hair care segment under the brand name 'Bajaj Cool Almond Drops Hair Oil'. This product is non-sticky and much lighter than the original variant. The combination of menthol and camphor keeps the head cool and nourishes the hair. This product launch helped the company gain a stronger foothold in the emerging market of India.

Competitive Landscape:

The global almond oil market is consolidated with top 5 companies accounting for over 50% of global sales. Pip & Nut Ltd, Jiangxi Baicao Pharmaceutical Co., Ltd., AOS Products Private Limited, NOW Foods and Mountain Ocean are dominating the global almond oil market. These companies have used various strategies such as expansions, new product launches, agreements, partnerships, joint ventures, acquisitions, and others to increase their footprints in this market. For instance, Pip & Nut Ltd launched a vegan almond butter under the brand name Cherry Bakewell in the U.K. This product is free from palm oil and contains oil extracted from almonds.

Why Purchase the Report?

  • Understand the current market scenario and viability of Almond Oil market over the forecast period.
  • Visualize the composition of the global Almond Oil market in terms of type, application and distribution channel to identify major players, growth potential, and market strategies
  • Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
  • Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Excel data sheet with valuable data points of the global filtration and contamination market - Regional and Country level segmentation
  • Product mapping in excel for the key products of all major market players
  • Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:

  • Almond Oil Manufacturers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
Table of Contents

Table of Contents

1. Global Almond Oil Market -Scope and Methodology

  • 1.1. Research Methodology
  • 1.2. Scope of the Market

2. Global Almond Oil Market -Key Trends and Developments

3. Global Almond Oil Market - Executive Summary

  • 3.1. Market Snippet By Type
  • 3.2. Market Snippet By Application
  • 3.3. Market Snippet By Distribution Channel
  • 3.4. DataM CLO Scenario

4. Global Almond Oil Market - Market Dynamics

  • 4.1. Market impacting factors
    • 4.1.1. Drivers
      • 4.1.1.1. Rise in production of aromatherapy products
      • 4.1.1.2. Increase in preference of customers towards cosmetic products containing natural ingredients
    • 4.1.2. Restraints
      • 4.1.2.1. High initial investment in the almond oil market
      • 4.1.2.2. High competition in the field, as there are well established companies
    • 4.1.3. Opportunities
      • 4.1.3.1. The extensive uses of almond oil in various cosmetic products and medicinal purposes are likely to create new opportunities for the almond oil market manufacturers
  • 4.2. Impact analysis

5. Global Almond Oil Market - Industry Analysis

  • 5.1. Porter's five forces analysis
  • 5.2. Supply chain analysis
  • 5.3. Pricing analysis
  • 5.4. Regulatory Analysis

6. Global Almond Oil Market - By Type

  • 6.1. Market size analysis, and y-o-y growth analysis (%), By Type segment
  • 6.2. Market attractiveness index, By Type segment
    • 6.2.1. Sweet Almond Oil
    • 6.2.2. Bitter Almond Oil

7. Global Almond Oil Market - By Application

  • 7.1. Market size analysis, and y-o-y growth analysis (%), By Application segment
  • 7.2. Market attractiveness index, By Application segment
    • 7.2.1. Cosmetics
    • 7.2.2. Pharmaceutical
    • 7.2.3. Food
    • 7.2.4. Others

8. Global Almond Oil Market - By Distribution Channel

  • 8.1. Market size analysis, and y-o-y growth analysis (%), By Distribution Channel Segment
  • 8.2. Market attractiveness index, By Distribution Channel Segment
    • 8.2.1. Hypermarket & Supermarkets
    • 8.2.2. Food Specialty Stores
    • 8.2.3. Cosmetic Discounters
    • 8.2.4. Pharmacy
    • 8.2.5. Others

9. Global Almond Oil Market - By Region

  • 9.1. Introduction
  • 9.2. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Region
  • 9.3. Market Attractiveness Index, By Region
  • 9.4. North America
    • 9.4.1. Introduction
    • 9.4.2. Key region-specific dynamics
    • 9.4.3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
    • 9.4.4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Application
    • 9.4.5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
    • 9.4.6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
      • 9.4.6.1. U.S.
      • 9.4.6.2. Canada
      • 9.4.6.3. Mexico
  • 9.5. Europe
    • 9.5.1. Introduction
    • 9.5.2. Key Region-Specific Dynamics
    • 9.5.3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
    • 9.5.4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Application
    • 9.5.5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
    • 9.5.6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
      • 9.5.6.1. Germany
      • 9.5.6.2. U.K.
      • 9.5.6.3. France
      • 9.5.6.4. Italy
      • 9.5.6.5. Spain
      • 9.5.6.6. Rest of Europe
  • 9.6. South America
    • 9.6.1. Introduction
    • 9.6.2. Key Region-Specific Dynamics
    • 9.6.3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
    • 9.6.4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Application
    • 9.6.5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
    • 9.6.6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
    • 9.6.7.
      • 9.6.7.1. Brazil
      • 9.6.7.2. Argentina
      • 9.6.7.3. Chile
      • 9.6.7.4. Rest of South America
  • 9.7. Asia Pacific
    • 9.7.1. Introduction
    • 9.7.2. Key Region-Specific Dynamics
    • 9.7.3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
    • 9.7.4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Application
    • 9.7.5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
    • 9.7.6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
      • 9.7.6.1. China
      • 9.7.6.2. India
      • 9.7.6.3. Japan
      • 9.7.6.4. Australia & New Zealand
      • 9.7.6.5. Rest of Asia Pacific
  • 9.8. The Middle East And Africa
    • 9.8.1. Introduction
    • 9.8.2. Key Region-Specific Dynamics
    • 9.8.3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
    • 9.8.4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Application
    • 9.8.5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
    • 9.8.6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country

10. Global Almond Oil Market - Competitive Landscape

  • 10.1. Competitive scenario
  • 10.2. Competitor strategy analysis
  • 10.3. Comparative type portfolio analysis
  • 10.4. Market positioning/share analysis
  • 10.5. Mergers and acquisitions analysis

11. Company Profiles

  • 11.1. AAK (Aarhus Karlshamn)
    • 11.1.1. Company Overview
    • 11.1.2. Product Portfolio
    • 11.1.3. Recent Developments
    • 11.1.4. Financial Overview
  • 11.2. AOS Products Private Limited
  • 11.3. Blue Diamond Growers, Inc.
  • 11.4. Frontier Natural Products
  • 11.5. Eden Botanical
  • 11.6. Jiangxi Baicao Pharmaceutical Co., Ltd.
  • 11.7. Mountain Ocean
  • 11.8. Bajaj
  • 11.9. Dabur
  • 11.10. Caloy Oil

12. Global Almond Oil Market - Premium Insights

13. Global Almond Oil Market - DataM

  • 13.1. Appendix
  • 13.2. About us and services
  • 13.3. Contact us
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